TMX Group Limited Increases Dividend by 6% to $0.19 per Common Share

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May 02, 2024, 17:16 ET

TORONTO, May 2, 2024 /PRNewswire/ - The Board of Directors of TMX Group Limited today declared a dividend of $0.19 on each common share outstanding, an increase of $0.01 or 6% from $0.18. This dividend is payable on May 31, 2024 to shareholders of record at the close of business on May 17, 2024.

"We are pleased to announce the fourth increase in TMX Group's quarterly dividend in the last two years," said David Arnold, Chief Financial Officer of TMX Group. "This latest increase reflects confidence in our continued ability to generate cash flows while pursuing our global growth strategy, and executing our deleveraging plan following the acquisition of TMX VettaFi, earlier this year."

TMX Group hereby advises that this dividend is designated as an "eligible dividend" for Canadian income tax purposes.

For the results of the quarter ended March 31, 2024 for TMX Group, please click on the following link: http://www.tmx.com/investor-relations/.

About TMX Group (TSX-X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TMX Trayport and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.